Politics are weighing heavily on the grain markets, as Midwest conversations ramp up in hopes of pressuring China toward a trade agreement. At the same time, ongoing headlines about tariffs and Argentina’s suspension of grain export taxes remain a bearish factor. In livestock, Sunday’s discussions around the new world screwworm have raised questions about what kind of assistance might be available for heifer retention.
Mike Zuzolo with Global Commodity Analytics has today’s Market Wrap Up…